Mediobanca Premier Bank’s logo in Brescia, Italy, on Friday, January 24, 2025.
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Italian lender shareholders Mediobanca On Tuesday, the offer of 13 billion euros was rejected by a smaller local counterpart Monte de BaschiAmid an increase in monotheism offers in the Italian banking sector.
“The offer is devoid of industrial and financial logical basis, and therefore it is destroyed by Mediobanca,” the lender said in a statement.
The company added that the proposal has no industrial value, and it establishes the identity of Mediobanca and the business definition file, in addition to the gains of shareholders in both the lender and Monte de Baschi, “given the possibility of a great loss to customers in these business fields (such as wealth management and investment banking services) that require professionals Independent, high and professional.
CNBC contacted Monte Dei Paschi to comment.
The world’s oldest bank, Monte de Baschi (MPS) is not expected to propose to all participating in Mediobanca (MB) on Friday, with 23 shares of 10 shares of acquisition and assessment of Mediobanca AT15 shares. 992 euros each – or 5 % bonus on the near price on January 23. Some analysts have questioned the synergy that might result from the Banchin Union, noting Barclays on January 27. Creation drivers and general strategy of deputies on MB have not yet called. ”
Monte de Pashchi of Tuscany, who requires the state’s rescue in 2017 after years of beating, long -term incorporated child in the Italian banking sector, before a rapid turning in his fortunes after the appointment of 2022 old warriors in UNESDIT Luigi Luvjlio to Hemal Bank.
The Italian government has always sought to privatize the lender, but it maintains a 11.73 % stake after reducing its position last year. Among the investors from METIOBANCA shareholders such as Francesco Gaetano Caltagirone and Delfin – the Holding Company for late billionaires Leonardo Del Vico, which has increased its MPS share to 9.78 % since January.
The government of Rome in Georgia Meloni has long tried Until the conversations are resolved in 2021. Last year, the third largest lender in Italy Banco Banco Buy a 5 % stake In Monte de Bashchi from the government. But the sudden offer for $ 10.5 billion for Banco BPM in November has paralyzed any other potential moves on deputies, and pushed Rome to an angle and establishment of the CEO of Unicredit Anda Orcel against Meloni.
In September, unicredit also released its wings unexpectedly by building a stake in the German lender, which raises questions about the possible aspirations to unify the border.
This is an urgent news story. Please update for updates.
